Opportunity missed to make improvements The Owner-Operator Independent Drivers Association expressed disappointment that the Department of Labor (DOL) will withdraw a rule that would have provided owner-operators additional certainty about their worker classification status. The “Independent Contractor Rule” previously issued on January 7, 2021, would have clarified existing standards for worker classification under the Fair […]
Hertz will comply with the procedures established by the Bankruptcy Court’s April 28, 2021 Order Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) today announced that it has considered the revised proposal made by affiliates of Knighthead Capital Management LLC, Certares Opportunities LLC and Apollo Capital Management, LP (the “KHC Group”) to provide equity capital required […]
TuSimple and Liberty Mutual will work together to better understand how autonomous technologies perform in comparison to the same types of trucks driven manually by human drivers TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, and Liberty Mutual Insurance, the sixth largest global property and casualty insurer, announced a partnership to […]
Descartes MacroPoint real-time visibility solution gives logistics service providers, shippers and freight brokers real-time location, status, and estimated-time-of-arrival (ETA) of their loads Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that Energy Transportation Group, an asset-based third party logistics provider (3PL) serving diverse industries across the U.S. and Canada, is […]
Product Enhances Driver-Behavior Monitoring and Insurance-Claims Functionality Overhaul, an intelligence-driven, real-time supply chain visibility and risk-management technology provider, announced the launch of “TruckShield,” an industry-first, risk-management technology solution for North American motor carriers. TruckShield is a quickly implemented, low-cost solution that uses existing motor-carrier fleet hardware to identify dangerous or illegal driving practices in real […]
United Auto Workers union reached a tentative agreement on the terms of a new five-year contract that would cover approximately 2,900 employees at the New River Valley Volvo Trucks North America announced that the company and the United Auto Workers union reached a tentative agreement on the terms of a new five-year contract that would […]
